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TWIN ROI BENEFITS OF TUNING:
Increased Customer Satisfaction and
Greater Savings
The business case for tuning has two
financial outcomes; higher completion rates drive both more savings
from existing infrastructure, and increase customer loyalty and profits.
Completion Rate and Savings
Better performing applications have higher completion rates, and with
each call representing savings over a live operator, greater financial
benefit is derived with no increase in investment. In the example below
in Figure 1, completion rates from QuickFix and Tuning boost completion
rates from 76% to 79% and 88% respectively, representing cost savings
after deducting the tuning expense of $15,750 and $37,030 respectively.
Increased savings enjoyed with no new capital investment.
Figure I – Greater
Savings from Pre-existing Investment
.
 Direct Savings.......... |
.
Un-tuned.......... |
AlphaCheck &
QuickFix |
.
Tuning |
 Monthy Calls |
300,000 |
300,000 |
300,000 |
 Completion Rate |
76% |
79% |
88% |
 Automated Calls |
228,000 |
237,000 |
264,000 |
 Savings per call |
$1.75 |
$1.75 |
$1.75 |
 Total savings |
$399,000 |
$414,750 |
$461,970 |
 Cost of tuning |
—
|
$5,000 |
$30,000 |
 Additional savings |
—
|
+$15,750 |
+$37,030 |
Completion Rate, Caller Experience, and
Customer Lifetime Value
A more compelling argument for tuning is a
reduction in the number of failed calls and the associated customer
dis-service. In Figure 2 tuning reduces failed calls from 90,000 to
63,000 for AlphaCheck, and 36,000 for Tuning. If on average a customer
leaves the brand after 100 dis-service incidents, then the damage rate
is 1%. With a life time value of $125 per customer, the cost in lost
business from poor speech applications dwarfs the economic value of the
system.
Figure II – Reduced Failed
Calls Protects Customer Lifetime Value
.
 Direct Savings |
.
Un-tuned.... |
AlphaCheck
&
QuickFix |
.
Tuning |
 Customer
LTV |
$125 |
$125 |
$125 |
 Damage Rate |
1% |
1% |
1% |
 Damage
Calls |
90,000 |
63,000 |
36,000 |
 Penalty |
$112,500 |
$78,750 |
$45,000 |
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